$LINK: Double bottom? Pitchfork intact!
Hey ya'll this is just kind of a check in. In my "we've seen this before..." post that I linked below, we talked about how 
LINK usually behaves before massive runs. The price action did in fact dip to that 20 dollar lower blue line. And with that we saw a LOT of buy support created. As you can see now, on the 4 hour chart we've formed a nice higher low, above lower 1.0 blue deviation. We're currently testing the 0.5 deviation and if we don't reclaim that? I'd look for another leg down. If LINK's PA follows previous fractals? I'd expect it to range for quite a while in this channel that we're in? But if we fight above the 0.5 pitchfork prong? Then we're building back those patterns and consistencies in behavior.
Either way.LINK staking is coming... you have until then to stack as much as you can before it leaves this hilariously low price range, and we push up towards 3 figures and beyond.
Just be patient. It's probably going to range for a month or two.
LINK usually behaves before massive runs. The price action did in fact dip to that 20 dollar lower blue line. And with that we saw a LOT of buy support created. As you can see now, on the 4 hour chart we've formed a nice higher low, above lower 1.0 blue deviation. We're currently testing the 0.5 deviation and if we don't reclaim that? I'd look for another leg down. If LINK's PA follows previous fractals? I'd expect it to range for quite a while in this channel that we're in? But if we fight above the 0.5 pitchfork prong? Then we're building back those patterns and consistencies in behavior. Either way.
LINK staking is coming... you have until then to stack as much as you can before it leaves this hilariously low price range, and we push up towards 3 figures and beyond. Just be patient. It's probably going to range for a month or two.
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